It’s become depressingly familiar to watch Italian government bonds yields push higher, with the spread over German bunds getting close again this week to its widest point of the year. For that, you can thank more political posturing by the country’s populist leaders ahead of the May 23 European elections. Matteo Salvini, leader of the League and deputy prime minister, ...

Theresa May’s departure as Britain’s prime minister won’t heal the country’s divisions or end its Brexit nightmare. This drawn-out crisis is so far from being resolved, her successor might soon regret winning the top job. But the task isn’t hopeless, and the right kind of leadership could move Britain and the European Union to a better outcome. The main contenders ...

It’s a terrible feeling to discover that your country is full of strangers. For some in India, the election of Narendra Modi in 2014, with a majority that India hadn’t seen in three decades, was that moment. Everyone knew there was discontent with the status quo; everyone knew that Modi was doing well, better than anyone had expected before he ...